30.90
Revenue¥M
90.29
92.41
98.34
103.7
110.2
112.6
118.3
122.5
130.5
138.2
33.97
4.64%
4.85%
26
10.14
Revenue growth%
21.69
22.99
24.25
22.79
24.13
26.98
27.14
28.08
26.08
25.48
10.76
26.98
24.86
70
26.28
Gross margin%
1.40
0.40
0.40
0.45
0.40
0.40
1.00
3.86
2.46
2.50
11.94
2.46
0.73
47
7.36
Operating margin%
10.43
8.51
5.65
4.97
3.72
5.90
5.50
6.56
7.23
8.92
29.42
6.56
6.23
14
4.94
Net margin%
14.80
17.02
15.91
16.66
15.26
12.33
12.85
15.69
16.88
18.43
2.20
15.69
15.80
19
8.108
P/E ratio (avg)x
34.21
31.78
34.20
36.31
32.54
29.50
28.80
26.60
24.62
24.05
23.17
26.60
30.64
39
23.69
EV/EBITx
30.36
31.11
34.22
37.10
40.90
38.76
43.08
41.51
38.77
34.38
36.10
38.77
37.93
71
4.52
FCF yield (avg)%
28.01
29.89
27.02
28.02
25.95
24.85
27.55
27.74
25.07
23.34
13.06
25.07
27.28
59
16.83
FCF margin%
16.01
17.19
14.76
12.35
11.21
13.77
12.47
11.15
12.79
13.89
10.18
12.79
13.28
46
0.809
FCF / Net incomex
0.669
0.605
0.612
0.648
0.687
0.720
0.769
0.824
0.727
0.745
0.529
0.745
0.704
36
17.47
ROIC%
23.56
23.25
26.02
25.67
23.81
25.24
22.39
23.73
24.82
22.69
16.44
23.73
23.77
17
7.71
Return on equity%
29.51
29.26
26.92
28.17
25.73
24.92
24.13
24.35
26.46
29.12
27.38
24.92
26.69
62
9.12
Return on assets%
18.67
19.34
20.86
18.79
18.99
18.32
19.38
21.15
19.06
17.15
29.20
19.06
19.02
63
0.09
EPS¥
0.17
0.15
0.16
0.16
0.17
0.15
0.14
0.13
0.14
0.14
0.09
(4.12%)
(3.12%)
—
11.28
EPS growth%
1.35
1.51
0.50
0.40
1.66
0.40
0.40
2.47
0.84
0.40
8.26
0.40
0.67
28
0.15
Bookvalue per sh¥
0.08
0.07
0.06
0.06
0.06
0.07
0.07
0.06
0.06
0.06
0.16
(0.36%)
(1.05%)
—
0.13
FCF per share¥
0.30
0.34
0.35
0.39
0.38
0.42
0.41
0.46
0.47
0.52
0.20
6.73%
5.79%
—
0.17
Dividend per sh¥
0.05
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.20
(0.03%)
(1.57%)
—
24.43
Div yield (avg)%
17.84
19.76
20.44
23.25
24.54
22.22
22.24
19.42
18.41
20.37
3.86
20.37
20.40
80
23.49
Payout ratio%
24.58
26.05
25.19
25.73
24.94
24.64
24.05
24.73
26.08
28.78
8.82
24.73
25.07
70
437.1
Shares (diluted)M
519.5
570.9
548.7
526.0
507.8
574.5
661.1
689.0
736.4
802.1
423.2
9.57%
5.42%
36
28.26
Buyback yield%
14.73
15.11
13.98
14.67
14.47
12.83
15.31
17.20
17.17
18.98
23.46
17.17
14.92
35
1.669
D/E ratiox
0.653
0.667
0.729
0.773
0.682
0.700
0.638
0.663
0.605
0.628
0.881
0.638
0.665
28
86.96
Enterprise value¥M
12.72
10.87
9.428
8.721
7.919
7.201
6.831
7.252
6.534
6.635
112.5
(3.48%)
(6.20%)
57
29.33
LT debt¥M
53.41
55.21
60.44
62.58
66.98
76.29
89.16
87.16
88.49
104.1
45.12
9.22%
8.00%
6
Revenue
¥138.2M
4.85%
1.00×
Cost of revenue
¥83.20M
4.83%
1.00×
Operating expenses
¥22.17M
4.85%
1.00×
Cash and investments
14.79%
Spread over hurdle
12.50%